Project-based learning of modern econometrics

An Economics Network funded project, 2010-11

Institution: Swansea University
Project leader: Professor Steve Cook

The enormous developments in computational power witnessed in the last two decades have not only changed the nature of econometrics in terms of academic research, but have implications also for the manner in which it can be taught and the learning experience available to students. The intention of this project is to fully harness these developments and provide a project-based econometrics module. The module will emphasise the concept of ‘learning by doing’ in terms of both its delivery and assessment to allow students to gain and demonstrate a full understanding of the tools and techniques econometrics offers via their repeated empirical application. The impact of this alternative approach to assessment and delivery (relative to the commonly adopted, standard approach) will be examined.